Ukraine, Germany Discuss Cooperation
OREANDA-NEWS. January 15, 2015. Ukraine expresses its sincere gratitude for the financial and technical support provided by the German Government to restore the sustainable development, to strengthen the European integration processes in our country, and hopes to prolong fruitful cooperation between the countries.
This was announced by the Minister of Economic Development and Trade of Ukraine Aivaras Abromavicius during a meeting with Ambassador of the Federal Republic of Germany to Ukraine Christof Weil.
Aivaras Abromavicius accentuated on the results of the official visit paid by the Governmental delegation led by Prime Minister of Ukraine Arseniy Yatsenyuk to the Federal Republic of Germany and the signing of a joint statement between the Government of Ukraine and the federal German government on granting a loan worth EUR 500 million to rebuild the infrastructure of Luhansk and Donetsk regions (signing of the Agreement on providing funds was planned for February of 2015).
"I was surprised by the awareness of German business. We support the companies that cooperate with Ukraine and are striving to deepen our partnership. We are very pleased that the Chancellor of Germany is ready to further support our country. It is crucial for the Government of Ukraine to successfully tackle the challenges and criticism, and to do as much as possible as the population demonstrates understanding to the challenges while the demand for change is extremely high," he said.
In turn German Ambassador stressed that the stabilization of the situation in the Eastern regions of Ukraine will become a positive signal for investors.
"I think it will be hard to find new investors until we find a political solution to the security challenges, however certain opportunities exist," said Christof Weil.
Moreover, the participants of the meeting noted that an additional impetus to the bilateral relations in trade and economic sphere will be the establishment of a German-Ukrainian Chamber of Commerce.
It should be noted that on the outcomes of 2014 the trade turnover between Ukraine and the Federal Republic of Germany made up USD 8.4 billion, while in the foreign investor list Germany (with USD 5.9 billion) has ranked second for many years.
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